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Blog Network to Sell For $20 Million Plus

Posted by Zonk on from the that's-a-lot-of-ad-hits dept.

Victor Cheng writes "Blogs are big money. The Weblogs Inc Network is apparently about to be sold for over $20 million to AOL, an individual blogger is making over $400,000 per year from his living room, a blogger writing about shoes is claiming a six figure income and blog networks are starting every second day with hopes of making it big. It looks like it might be time to dust off the old blogspot blog again."

5 of 229 comments (clear)

  1. Lucky him, but... by Spad · · Score: 5, Funny

    an individual blogger is making over $400,000 per year from his living room

    Sadly, most of that will now go towards his bandwidth costs.

  2. Shocking! by samael · · Score: 4, Funny

    People write about things that interest people, and then make money off of advertising!

    I'm sure this has happened before, but I can't quite place it...

    --
    My Journal
  3. Profit by generic-man · · Score: 3, Funny
    1. Person watches CNN
    2. Person gets pissed off because he hates CNN
    3. Person makes blog where you can get "the real news, not that CNN bullshit"
    4. Person sells blog to parent company of CNN
    5. Profit!
    6. GOTO 2
    --
    For more information, click here.
  4. Oh I Dunno... by Greyfox · · Score: 3, Funny

    How much did Slashdot go for?

    --

    I'm trying to teach myself to set people on fire with my mind... Is it hot in here?

  5. Blogs Have Ads? by pete-classic · · Score: 3, Funny

    I didn't even realize that blogs have ads. Thanks Adblock!

    -Peter